What Sets Us Apart
Services We Provide
We provide Accounts Payable Services to customers all over from Europe, U.S, Canada to Australia. Our end-to-end solution includes the following:
- Data Capture
- Data Processing
- Suspect Duplicate Analysis
- Reporting
Work Flow:
- Step 1 - Receiving Invoice: Clients hardcopy and electronic invoices are received.
- Step 2 - Image and Data Capture: Documents are stored as images and all invoice images are viewable.
- Step 3 - Process: Invoice documents are then processed as per the business rules agreed with the customer. Same Invoices are routed to the relevant customer executives for approval.
Advantages:
- Clear image of the present statistics to the management.
- Improved financial control
- Less invoice discrepancies and disputes.
- Strengthened relations with vendor.
- Online storage for easy access to invoice transaction, audit trail and access to other supporting documentation required for audits.
The procedure includes monitoring and tracking the client's receivables across many locations. It also aids in the management of the client's credit limit. SRP Global accounts receivable outsourcing (ARS) services help its clients cope with this critical financial function that affects cash flow and is essential for a strong and dynamic organization. Our ARS facilitates faster payments and improved cash flows by letting our clients to have more control over all accounts through consistent monitoring of outstanding invoices and reporting on account activity. Outsource your accounts receivable services to SRP Globaland take advantage of our extensive experience.
Work Flow:
We provide Accounts Receivable Services to customers all around the world, which includes the complete range of Accounts Receivable Services as shown below.
- Maintain record and account for revenue.
- Data Processinge
- Suspect Duplicate Analysis
- Reporting
- Maintain record and account for revenue.
- Billings preparation (as required by TAD) and mailing after approval by the client.
- Entering receivable transactions.
- Preparation of periodic statements and then its delivery to client.
- Issuing of credit memos
- Refund checks approved by the customer.
- Maintaining subsidiary receivables ledger.
- Carrying out process adjustments approved by the client.
- Applying cash received to customer accounts and resolving short pays.
- Accounts receivable reports.
Benefits:
- Minimized delinquencies
- Increased cash flow
- Increased recoveries
- Visible decrease in bad debt
- Eliminating unapplied credits
- Minimizing the operating cost
As tax service costs increase, more companies and accountants are searching to outsource tax preparation services. This process helps companies minimize operating costs and maximize efficiency and profits.
The process includes keeping proper tax data and auditing it and also maintenance of various documents and forms relating to taxation. We handle the tax processing and tax preparation services of a tax department while you concentrate on improving your client relationship. We have decent experience in US, UK and Europe tax preparation and reporting. We use the industry's latest technology and softwares for the whole process.
We have experience in both individual and business tax preparation services.
Work Flow:
- You send us scanned documents in the form of pdf files, mdi or e fax messenger.
- Once the required images are received, our qualified tax preparation staff will enter the information into our tax software or the tax software of your choice.
- The returns are then sent to your firm through secure FTP server for your overview. It may include any questions and comments thought necessary to inquire from you by the preparer.
- The tax return is then audited to verify that all the entered information is correct and accounted for.
- Once the tax return has reached, your firm can review, add or delete any necessary changes if required.
- We will then update the tax file and send you a final copy for proof filing record.
Advantages:
- Fewer defects
- Well-coordinated workforce management
- Experienced team
- Reduction in complete failures and improving stability of the firm
- Best-of-breed industry practices which improves delivery capability
- Meeting tight deadlines
Tax Type
- Payroll Taxes Payments
- 1040: Individual Tax Returns
- 1040NR- Individual (Non-Resident) Tax Returns
- 1020-Corporation Tax Returns
- 1120-S Corporation “S” Tax Returns
- 1065-Partnership/LLC Tax Returns
Maintaining financial records in any business is a hefty, time-consuming and costly procedure for a growing organization, with the help of a structured environment and skilled staff, we provide quality services in respect of book keeping and ensuring timely availability of required reports to your business so that you can objectively focus on the core areas of your operations rather than indulging in non-core areas of your business. Our teams work alongside with our clients to learn their requirements and ensure efficient and effective results.
Work Flow:
- Intake
- Processing
- Coding & Posting
- Approval
- Payment
- Accounting
Benefits:
- Intake
- Processing
- Coding & Posting
- Approval
- Payment
- Accounting
- Accessing Expert Advice
- Meeting Compliance Requirements
- Reducing Business Costs
- Improving Productivity
- Gaining Valuable Time
Book Keeping Head
- Periodical Accounts Closing: Monthly, Quarterly, Semi-Annual & Annual Closing.
- Generating Trail Balance
- Reconciliations of Bank Accounts
- Making adjustments for accrued expenses and liabilities
- Making adjustments for earned incomes
- Making provisions for Deprecation, Bad Debts, Amortization & other related items
- Preparation of Financial Statements and final accounts: Profit & Loss Account, Balance Sheet, Cash Flow Statements, Equity Statements for Management, Franchiser, Financials Institution and Government
We provide service for the preparation of financial statements, expert compliance with International Financial and Reporting Standards (IFRS). With the help of our experienced and skilled staff we specialize in all from routine to specialized financial reporting segment; i.e. from small trading business to an established financial service business, banking, insurance, funds, education, not for profit business, etc. Implementation of International Accounting and Reporting Standards is our key area of strength. Within a very short span of time, we have ensured our clients satisfaction by providing quality services.
Work Flow:
Our services improve the “Record to Report” process. This, in turn, ensures, on-time delivery of accurate financial data, thereby strengthening compliance.
- Profit and Loss Statements
- Balance Sheet
- Cash Flow Statement
- General Ledger
- Bank Account and GL Reconciliations
- Cash and Credit Card Deposit Verifications
- Inter-Company Accounting
- Fixed Asset Account Management
- Inventory Accounting
- Corporate Consolidation Reporting
- Compliance Reporting
Following are different range of services which we are offering and also we are providing customizable services as and when required by our valued clients.
We are expert in providing services on cloud based software. We also migrate your data from one software to another. Implement ERP software and financial management solutions to organizations of all sizes, regardless of location. We have vast experience in local projects right through to global implementations, and can offer:
- Dedicated project management support,
- Installation of new software on your required platform,
- Data mapping and migration
- Design workshops and associated documentation,
- Implementation of any necessary configuration changes to the software,
- Troubleshooting, and
- Acceptance testing and user training.
As per your business nature & daily transaction flow, we recommend you suitable software.
For SME Business we recommend Xero Online & Quickbooks Online.
We also provide cloud based payroll, benefits and human resource management through Gusto Software.
We work on other Software’s for analyzing numbers into excel for better visual we use power BI & data entry through google form.
We are Providing our custom-made software for that clients who need a custom software for their business needs.
We can help confirm that all necessary federal and state payroll taxes are paid, and that regulatory and industry guidelines are followed.
- Maintaining Payroll Data, Employees information, salary information & tax table.
- Printing and mailing the paychecks and pay stubs.
- Depositing Federal and State Tax Deposits.
- Preparing quarterly Tax returns.
- Preparing W2/1099 for all employees.
- Preparing Annual Payroll Tax Returns.
- Reporting Wage information to State and Social Security Administration.
- Generating Payroll reports for client information.
- Monthly Sales and Use tax Returns.
- Payroll Taxes Payments.